The latest real estate market report card on the plunge in oil prices gives Dallas a gold star.
“Houston, Pittsburgh and Calgary are feeling the pain in their office markets, but Denver and Dallas are doing just fine,” said Jeffrey Havsy, an economist with commercial property firm CBRE.
He said North Texas is “seeing demand for office space from a host of non-energy industries, which is mitigating the negative impact the slowing energy industry is having.”
To read the complete article written by Steve Brown with the Dallas Morning News click here
December 24, 2015